Search Results - subject:"macro volatility"

Great volatility, great moderation and great moderation again

Grazzini, Jakob; Massaro, Domenico - In: Review of economic dynamics 44 (2022), pp. 269-283

Persistent link: https://www.econbiz.de/10013346933

Grazzini, Jakob; Massaro, Domenico - 2018

We investigate the sources of the great changes in GDP volatility observed from 1966 to 2000. We develop a general equilibrium model and calibrate it to US data in order to characterize the contribution of micro level productivity shocks, inter-sectoral linkages and households' behavior to...

Persistent link: https://www.econbiz.de/10011932022

Great volatility and great moderation

Grazzini, Jakob; Massaro, Domenico - 2018

Persistent link: https://www.econbiz.de/10011921976

Transitions to inflation targeting : panel evidence

Paranavithana, Harsha; Magnusson, Leandro M.; Tyers, Rodney - In: Applied economics 52 (2020) 59, pp. 6468-6481

Persistent link: https://www.econbiz.de/10012416011

Deep financial integration and volatility

Kalemli-Özcan, Sebnem; Sørensen, Bent E.; Volosovych, … - 2010

We investigate the relationship between financial integration and output volatility at micro and macro levels. Using a very large firm-level dataset (AMADEUS) from 16 European countries, we construct a measure of deep financial integration at the regional level based on observations of foreign...

Persistent link: https://www.econbiz.de/10010274425

Deep Financial Integration and Volatility

Kalemli-Ozcan, Sebnem; Sørensen, Bent E.; Volosovych, Vadym - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2010

We investigate the relationship between financial integration and output volatility at micro and macro levels. Using a very large firm-level dataset (AMADEUS) from 16 European countries, we construct a measure of "deep" financial integration at the regional level based on observations of foreign...

Persistent link: https://www.econbiz.de/10008547873

Explaining the Great Moderation: Credit in the Macroeconomy Revisited

Bezemer, Dirk J - Volkswirtschaftliche Fakultät, … - 2009

This study in recent history connects macroeconomic performance to financial policies in order to explain the decline in volatility of economic growth in the US since the mid-1980s, which is also known as the ‘Great Moderation’. Existing explanations attribute this to a combination of good...

Persistent link: https://www.econbiz.de/10005036841

Production structure and economic fluctuations

Ciarli, Tommaso; Valente, Marco - 2007

We aim at contributing to the debate on the mechanisms and properties of economic fluctuations. We consider a crucial aspect among many thought to influence this ubiquitous and extremely relevant phenomenon: the interaction structure that characterises the organisation of production, that is,...

Persistent link: https://www.econbiz.de/10010328546

Production Structure and Economic Fluctuations

Ciarli, Tommaso; Valente, Marco - Laboratory of Economics and Management (LEM), Scuola … - 2007

research, is to investigate how those mechanisms are empirically generated. Keywords: Production structure, micro- and macro-volatility …, circularity of the input–output sys- tem, and so on, may be enough to explain part of the macro volatility, in a closed system.6 …

Persistent link: https://www.econbiz.de/10005650042

The European Neighborhood policy: towards a new EU-MED partnership?

Montalbano, Pierluigi - Volkswirtschaftliche Fakultät, … - 2006

The aim of the present work is to test empirically the feasibility of the broad expectations regarding the effects of ENP on the EU-MED economic partnership. More specifically, it presents firstly a gravity analysis of the patterns of trade in the EU-MED area to test the actual dimension of...

Persistent link: https://www.econbiz.de/10005835534